Well in commodity market spot gold prices are gained the movement of 0.2 percent to $1,235.45 an once by 0024 GMT, after hitting earlier a session high of $1,238.60. This gains follow the metal near 4 percent drop previous week, it is the worst performance of gold after since October.
Well for investor's gold is often seen as an alternative investment to riskier assets such as equities. On today's gain investor sentiments has been taken a hit recently. Money Managers and hedge funds cut their bullish bets in precious metal gold and silver for the first time in six weeks during the week of Feb. U.S. Commodity Futures Trading Commission Data showed on Friday.
Well for investor's gold is often seen as an alternative investment to riskier assets such as equities. On today's gain investor sentiments has been taken a hit recently. Money Managers and hedge funds cut their bullish bets in precious metal gold and silver for the first time in six weeks during the week of Feb. U.S. Commodity Futures Trading Commission Data showed on Friday.
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